Private Foundation

THE IVY FOUNDATION INC

THE IVY FOUNDATION INC is a Private Foundation headquartered in SCHERERVILLE, IN. Financial data from the 2024 filing: $31K revenue, $30K expenses, $834K total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $24K.

EIN: 861876818 SCHERERVILLE, IN Latest filing: 2024
Total Revenue$31K
Total Expenses$30K
Total Assets$834K
Grants Given5
Grant Total$24K
Filing Years2022–2024

Sample Grants Given

SABRINA DEMARET
MATTESON, IL · 2024
TUITION AND OTHER EXPENSES OF NURSING PROGRAM AT ROOSEVELT UNIVERSITY.
$7,000
ANIA M FERVIL
WOODRIDGE, IL · 2024
ASSISTANCE FOR TUITION FEES.
$7,000
PEARLA GARCIA
BERWYN, IL · 2024
ON 11/5/2024, THE FOUNDATION ISSUED A GRANT OF $3,600 TO PERLA GARCIA, INTENDED TO SUPPORT HER EDUCATIONAL EXPENSES AS A STUDENT AT MIDWAY TRAINING INSTITUTE, WHICH IS OWNED BY THE PRESIDENT OF THE FOUNDATION, RUDYARD SMITH. PERLA GARCIA DID NOT ATTEND OR CONTINUE HER ENROLLMENT AT THE INSTITUTION AND INSTEAD USED THE FUNDS FOR PERSONAL PURPOSES UNRELATED TO HER EDUCATION.UPON DISCOVERING THE MISUSE, THE FOUNDATION IMMEDIATELY WITHHELD ANY FURTHER PAYMENTS AND REFERRED THE MATTER TO LEGAL COUNSEL. LEGAL COUNSEL ENGAGED A COLLECTION AGENCY TO PURSUE RECOVERY.THE COLLECTION AGENCY HAS DETERMINED THAT THERE IS ZERO CHANCE OF RECOVERY. IN ACCORDANCE WITH TREAS. REG. 53.4945-4(C)(4), THE FOUNDATION HAS TAKEN ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE MISUSED FUNDS, INCLUDING LEGAL ACTION WHERE APPROPRIATE, AND HAS DETERMINED THAT FURTHER ACTION WOULD NOT LIKELY RESULT IN RECOVERY. THE FOUNDATION HAS MAINTAINED ALL RECORDS RELATED TO THE GRANT.
$3,600
THE PUDDLE PROJECT
FLOSSMOOR, IL · 2024
FOR THE BENEFIT OF XIOMARIA WILLIAMS AS SCHOLARSHIP GRANT.
$3,000
ADVOCATE CHARITABLE FOUNDATION
OAKBROOK, IL · 2024
FOR THE ADVOCATE TRINITY HOSPITAL STAFF STUDENT SCHOLARSHIP.
$3,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

DIRECTOR Greg Farley
DIRECTOR Kiritkumar Trivedi
VICE-PRESIDENT Maria Smith
DIRECTOR Rose Uwidia
PRESIDENT Rudyard Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSISTANCE FOR TUITION FEES.
$7,000 1 grant
TUITION AND OTHER EXPENSES OF NURSING PROGRAM AT ROOSEVELT UNIVERSITY.
$7,000 1 grant
ON 11/5/2024, THE FOUNDATION ISSUED A GRANT OF $3,600 TO PERLA GARCIA, INTENDED TO SUPPORT HER EDUCATIONAL EXPENSES AS A STUDENT AT MIDWAY TRAINING INSTITUTE, WHICH IS OWNED BY THE PRESIDENT OF THE FOUNDATION, RUDYARD SMITH. PERLA GARCIA DID NOT ATTEND OR CONTINUE HER ENROLLMENT AT THE INSTITUTION AND INSTEAD USED THE FUNDS FOR PERSONAL PURPOSES UNRELATED TO HER EDUCATION.UPON DISCOVERING THE MISUSE, THE FOUNDATION IMMEDIATELY WITHHELD ANY FURTHER PAYMENTS AND REFERRED THE MATTER TO LEGAL COUNSEL. LEGAL COUNSEL ENGAGED A COLLECTION AGENCY TO PURSUE RECOVERY.THE COLLECTION AGENCY HAS DETERMINED THAT THERE IS ZERO CHANCE OF RECOVERY. IN ACCORDANCE WITH TREAS. REG. 53.4945-4(C)(4), THE FOUNDATION HAS TAKEN ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE MISUSED FUNDS, INCLUDING LEGAL ACTION WHERE APPROPRIATE, AND HAS DETERMINED THAT FURTHER ACTION WOULD NOT LIKELY RESULT IN RECOVERY. THE FOUNDATION HAS MAINTAINED ALL RECORDS RELATED TO THE GRANT.
$3,600 1 grant
FOR THE ADVOCATE TRINITY HOSPITAL STAFF STUDENT SCHOLARSHIP.
$3,000 1 grant
FOR THE BENEFIT OF XIOMARIA WILLIAMS AS SCHOLARSHIP GRANT.
$3,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $31K $30K $834K
2023 $83K $9K $838K
2022 $30K $228 $763K

Between 2022 and 2024, reported annual revenue grew from $30K to $31K (+2%), with total assets most recently reported at $834K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE IVY FOUNDATION INC

Complete financials, all 5 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time